Vietnam Insight

Last week, the Dow gained 1.9%, the S&P 500 climbed 2.2% and the Nasdaq Composite added 2.4%, with all three benchmarks notching their third straight winning week. Those moves came as cooling US inflation raised hopes that the Federal Reserve has reached the end of its tightening cycle, while traders turn their focus to potential interest rate cuts next year. Housing starts in the US rose by 1.9% month-over-month to a seasonally adjusted annualized rate of 1.372 million in October 2023, above market expectations of 1.35 million as limited supply in the resale market has boosted new construction

VNINDEX closed at 1101.19 points (-0.49 points, -0.04%) on the weekly chart with slightly increased liquidity. The market had 118 green stocks and 437 red stocks. The group of stocks that rose sharply were mainly penny stocks, while the large-cap group contributed the most to the market's decline, including VCB VIC VHM. Foreign investors had a record net sell session, while domestic investors sold net not significantly. Almost all industry groups in the previous session declined.

• World stocks: The market maintains a stable trend
• Vietnamese stocks: Recovery is facing difficulties
• Business news: #MWG, #KDC, #DCM, #MSH,  #DNT, #BVH
• Key highlights: Credit and Real estate
• Technical perspective and updated recommendations
• Event calendar
• Q&A